Bloomberg Europe

Bank Of England Ahead Of Interest Rates Decision — Jason Alden/Bloomberg

Bond Turmoil Raises Prospect of Slower Bank of England Rate Cuts

While the BOE is not expected to intervene in the market volatility, it may have to demonstrate a renewed commitment to tackle inflation.

Federal Reserve Headquarters Ahead Of FOMC Meeting

Fed Officials Signal Interest Rates Likely on Hold for a While

Fed presidents Collins, Schmid, Harker all cite the need for patience.

Asian Stocks Set for Muted Open Ahead of US Jobs

Emerging Stocks Enter Correction as Traders Weigh US Policies

Los Angeles Wildfires

Live Photos Why Hydrants Are Running Dry

Los Angeles Evacuations Rise to 180,000 as Fires Keep Burning

Many evacuees ended up scattered in shelters, hotel rooms, second homes or on the couch with friends and relatives.

Sunset Fire Near Hollywood Is Contained, LA Mayor Says

Latest

War in Ukraine

Why Russia Invaded Ukraine US ATACMS Missiles Nuclear Risk

Volodymyr Zelenskiy, left, and Lloyd Austin at Ramstein Air Base, Germany, on Jan. 9. — Daniel Roland/Getty Images

Zelenskiy Urges Allies Not to ‘Drop the Ball’ on War Support

The Ukrainian president made a plea to press on with support for his war.

Ukraine’s Defeat Would Cost US Far More Than Aid, Group Argues

Putin Says He’ll Hold Phone Call With China’s Xi Soon

Bloomberg Opinion

Far-Right FPOe Leader Herbert Kickl Speaks To The Media As Coalition Talks Set To Begin

Bloomberg Opinion

When the Far Right Wins in Hitler’s Birthplace

Austria’s Freedom Party is negotiating to take power. Time to focus on protecting democratic institutions.

By Marc Champion, Columnist

Add Aviation to the Long List of German Industries in Trouble

By Chris Bryant, Columnist

Britain Has Failed Vulnerable Children for Too Long

Editorial Board

Trump Must Keep the US in the World Health Organization

By Gordon Brown, Columnist

Brown, Gordon

Anti-Semitism Symposium Held Ahead Of International Holocaust Remembrance Day — Omar Marques/Getty Images

Musk Wades Into German Election, Giving Platform to Far Right

The US tech billionaire hosted Alice Weidel on his social media site X.

Musk Escalates Fight With EU Over Free Speech, Election Fairness

Newsletter: Tech Daily

Musk Escalates Fight With EU Over Free Speech, Election Fairness

The New York Stock Exchange As Stocks Fall — Michael Nagle/Bloomberg

Wall Street Bonuses to Jump by Double Digits at Big Banks

Increases at Bank of America are set to average 10%, and could go even higher at JPMorgan.

Two Sigma Founders Head to Arbitration After Years-Long Feud

Big Take Asia

Millions of Chinese Snub Pension System

13:56

Residents at Parks in Beijing As China’s First Retirement Age Hike Since 1978 — Na Bian/Bloomberg

China’s Wobbly Economy Faces New Threat From Pensions Boycott

Millions of young people are opting out of the state pension plan, putting additional pressure on a program squeezed by a record-low birth rate and an aging population.

Big Take Asia: Millions of Chinese Snub Pension System (Podcast)

Big Take Asia: Millions of Chinese Snub Pension System

Bloomberg News Now

Listen to the latest: LA Fires Burn Out of Control, Biden Increases Funding, More

4:59

updated 35 min ago

Latest

Big Take Asia

Millions of Chinese Snub Pension System

13:56

US-ENTERTAINMENT-INTERNET-games-COMPUTERS

Ubisoft Hires Advisers to Weigh Options, Delays a Key Game

US-ENTERTAINMENT-INTERNET-games-COMPUTERS

ISRAEL-PALESTINIAN-CONFLICT

Netanyahu Won’t Face Arrest If He Visits Poland, Tusk Says

ISRAEL-PALESTINIAN-CONFLICT

VENEZUELA-OPPOSITION-PROTEST-MACHADO

A Two-Hour Arrest Rocks Venezuela as Maduro Targets Opposition

VENEZUELA-OPPOSITION-PROTEST-MACHADO

Bloomberg Businessweek

Sam Altman on ChatGPT’s First Two Years, Elon Musk and AI Under Trump

Sam Altman on ChatGPT’s First Two Years, Elon Musk and AI Under Trump

An interview with the OpenAI co-founder.

By Josh Tyrangiel

January 1, 2025

More from this issue:

The Global Fertility Trade: A Story of Extraction, Exploitation and Opportunity The Year Ahead Where to Go in 2025

Elon Musk Is Not Having a Happy New Year

Elon Musk Is Not Having a Happy New Year

Under fire by Trump’s ultra-right adjutants, the world’s richest man sees Tesla numbers fall as he tries to address a Cybertruck explosion in Las Vegas.

What Happens When TikTok’s Trend Machine Shuts Down?

Facing a looming ban, brands and creators must contemplate the internet without its most important cultural production engine.

Why Everyone’s Obsessed With Meat Sticks and Cottage Cheese

Major food companies went all-in on junk food—but missed the new snacking trend right in front of them.

Markets

ETFs Crypto Deals

The World's First "Ultraman Theme Entertainment Area Haichang Ocean Park Operation — CFOTO/Future Publishing/Getty Images

Ultraman Toymaker Bloks to Debut in HK After Frenzy Over IPO

Crypto CEOs Clamor for Access to Trump as Inauguration Day Nears

BlackRock Stares Down FDIC Just Before Deadline Over Bank Stakes

Odd Lots: What It Felt Like When Everyone Was Hopeful, Happy, and Rich

Odd Lots: When Everyone Was Hopeful, Happy, and Rich

Battered China Developers May Default All Over Again

Newsletter: The Brink

Battered China Developers May Default All Over Again

Bloomberg Originals

Hacking the Microbiome to Fight Cancer

Hacking the Microbiome to Fight Cancer

The Billions at Stake in a Borneo Forest

The Billions at Stake in a Borneo Forest

Why Are China’s Youth Boycotting Pensions?

Why Are China’s Youth Boycotting Pensions?

Mark Zuckerberg on Life, History and Being Human

Mark Zuckerberg on Life, History and Being Human

Space

China Launches Group Of 18 Communication Satellites

A Year of Big Misses for Chinese Rocket Companies

Inside The 2025 CES Trade Show

Toyota Takes Aim at SpaceX With Investment in Rocket Startup

Severe Storms Across Eastern And Southern States Cause Widespread Air Travel Disruptions

United Air to Offer Musk’s Starlink Wi-Fi in US Later This Year

New Glenn is meant to be Blue Origin’s primary rocket for launching satellites — and eventually people — to orbit.

Blue Origin Fires Up Engines on New Rocket Ahead of Debut Launch

Technology

AI Cybersecurity Screentime

LA TV Stations’ Threatened as Fire Climbs Toward Antennas — Alert California

LA TV Stations’ Threatened as Fire Climbs Toward Antennas

Lonsdale-Backed Defense Startup Set to Raise Over $150 Million

Twitch Streamers Come Home After Big-Money Contracts at Rivals Dried Up

Elon, Inc: Elon Picks a Fight with the UK (Podcast)

Elon, Inc: Elon Picks a Fight with the UK

Meta’s Disinterest in Fact Checking Will Change the Internet

Newsletter: Tech Daily

Meta’s Disinterest in Fact Checking Will Change the Internet

Wealth

2024 Vanity Fair Oscar Party Hosted By Radhika Jones - Arrivals

Sergey Brin Backs Startups From Psychedelics to ‘Energy Islands’

UK Chancellor of the Exchange Rachel Reeves Joins Eurogroup Finance Ministers Meeting

So Much For The UK’s Rehabilitation Hopes

Bonds, particularly US Treasuries, are widely perceived to be safe investments.

What the Latest Bonds Selloff Could Mean for Your Money

Low angle view of News Corp headquarters, 1211 Avenue of the Americas, New York City, New York

RXR Buys Stake in NYC Tower That’s Home to Murdoch Empire

Politics

US Election UK Europe Middle East Asia

UK Chancellor Of The Exchequer Rachel Reeves Mansion House Speech — Isabel Infantes/Reuters/Bloomberg

Reeves Bids to Deepen China Ties After Week of UK Market Turmoil

Biden Surges Aid to California to Address ‘Catastrophic’ Fires

Venezuela Opposition Says Leader Machado Free After Arrest

Biden Has Trump Fuming Over Executive Actions in Final Days

Newsletter: Washington Edition

Biden Has Trump Fuming Over Executive Actions in Final Days

Big Take DC: Market-Moving US Eco Data Is Under Threat (Podcast)

Big Take DC: Market-Moving US Eco Data Is Under Threat

Explainers

Key Speakers At The Bitcoin 2024 Conference

How Trump Came Around to Crypto—and What Crypto Wants in Return

Thousands Flee From Uncontrolled Wildfires Burning Near LA

Why the Los Angeles Fires Are So Devastating

UK Prime Minister Liz Truss Resigns

Is Britain’s Labour Party Facing a Liz Truss Moment?

Industries

Legal Energy Health

The World's First "Ultraman Theme Entertainment Area Haichang Ocean Park Operation — CFOTO/Future Publishing/Getty Images

Ultraman Toymaker Bloks to Debut in HK After Frenzy Over IPO

Boeing Gives $1 Million to Trump Inauguration, Matching 2017

Southwest CFO to Exit in Latest Shakeup After Activist Fight

The Deal: Juan Soto's Record-Breaking Deal with the Mets (Podcast)

The Deal: Juan Soto's Record-Breaking Mets Contract

A Year of Big Misses for Chinese Rocket Companies

Newsletter: Business of Space

A Year of Big Misses for Chinese Rocket Companies

Green

New Energy Greener Living ESG Investing

Thousands Flee From Uncontrolled Wildfires Burning Near LA — Michael Nigro/Bloomberg

LA Wildfire Costs Double to $20 Billion Overnight for Insurers

KKR and PSP to Buy AEP Transmission Stake for $2.8 Billion

BlackRock Leaves Major Climate Group Amid Wall Street Exodus

Zero: Making Sense of Warming Going Past 1.5C (Podcast)

Zero: Making Sense of Warming Going Past 1.5C

An Optimist's Guide to the Planet Trailer

An Optimist's Guide to the Planet Trailer

Pursuits

Who Are Nonalcoholic Drinks for, Anyway?

Who Are Nonalcoholic Drinks for, Anyway?

PURSUITS_WEB_Sven-Goran Eriksson

Football Legend Sven-Göran Eriksson’s Lakeside Manor Hits the Market

PURSUITS_WEB_NA BEVERAGES

Beyond Dry January: 12 Excellent New Nonalcoholic Drinks To Try

PURSUITS_WEB_ARNOLD PALMER HOME

Arnold Palmer’s Coachella Valley Golf Resort Home Lists for $5 Million

Economics

Inflation & Prices Indicators Central Banks

US Initial Jobless Claims Decline By Most In Nearly A Year — Yuki Iwamura/Bloomberg

Share of US Small Firms Boosting Pay Falls to Lowest Since 2021

Fed’s Bowman Flags Inflation Risks, Encourages Cautious Approach

Fed’s Schmid Backs Gradual Rate Cuts If Economic Data Improve

Revisions Loom Large Over the Resilient US Job Market

Newsletter: Economics Daily

Revisions Loom Large Over the Resilient US Job Market

Bloomberg Surveillance: LA Fires and Carter's Legacy (Podcast)

Bloomberg Surveillance: LA Fires and Carter's Legacy

CityLab

Regulators To Vote On San Francisco Robotaxi Expansion

What Robotaxis Brought San Francisco

Baltic Rail Project Faces Fund Gap Bigger Than Estonia's Budget

Ambitious High-Speed Rail Plans Advance in the Baltic Region

NY Congestion Pricing Plan’s Fate Unclear After Court Ruling

New York, San Francisco Ranked Worst for US Traffic in City Centers

NYC Condo Owners May Bear Costs of Landmark Green Building Law

NYC Condo Owners May Bear Costs of Landmark Green Building Law

Work + Life

Work Shift Equality Business of Sports

General Views of Singapore Ahead of Leadership Change — Lauryn Ishak/Bloomberg

Singapore Passes Key Bill to Tackle Workplace Discrimination: ST

Morgan Stanley MD Promotions Buck Wall Street Trend to Go Big

Trump’s Doral Resort to Host Saudi-Backed LIV Golf in April

Women's Soccer Wants to Be More Like the NFL

Women's Soccer Wants to Be More Like the NFL

What the Trump Administration Means for Working Parents

Newsletter: Equality

What the Trump Administration Means for Working Parents

Markets Magazine

Markets Magazine_FormulaOne_03 — Nancy Zhou/Bloomberg

A Tech Mogul Is Hell-Bent On Having a Formula One Racing Team

In New Zealand’s backcountry, David Dicker is spending tens of millions to build a 360 mph car.

By Ainsley Thomson

Bloomberg Markets Tech Issue

More from this issue:

Ransomware Gangs’ Merciless Attacks Bleed Small Companies Big Tech's $62 Billion AI Spending Fuels Pick-and-Shovel Bets Revenge of the Trader Bros in Trump’s America

AI Wants More Data. More Chips. More Real Estate. More Power. More Water. More Everything

Businesses, investors and society brace for a demand shock from artificial intelligence.

Singapore’s Cautious Wealth Fund Takes More Private Markets Risk

CEO Lim Chow Kiat offers a rare glimpse of GIC’s strategy, including a US shift.

A Sociologist Shines a Light on Traders, Flash Boys and Online Adtech

Donald MacKenzie talks to insiders and dives into history to explore how markets are shaped by ideas—and vice versa.